Itaconic Acid Market 2022

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Itaconic Acid Market Expected to reach 102.3
Million USD by 2022
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• The report "Itaconic Acid Market by Derivative
  (Styrene Butadiene, Methyl Methacrylate,
  Polyitaconic Acid), Application (SBR Latex,
  Synthetic Latex, Chillant Dispersant Agent,
  Superabsorbent Polymer), and Region - Global
  Forecast to 2022", The itaconic acid market is
  projected to grow from USD 83.8 Million in 2017
  to USD 102.3 Million by 2022, at a CAGR of 4.1
  from 2017 to 2022. The increasing demand for
  bio-based unsaturated polyester resin and its
  non-toxic properties are fueling the growth of
  the itaconic acid market across the globe.
• Early buyers will receive 10 customization on
  this report.

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• Browse 82 market data Tables and 37 Figures
  spread through 104 Pages and in-depth TOC
  on "Itaconic Acid Market by Derivative (Styrene
  Butadiene, Methyl Methacrylate, Polyitaconic
  Acid), Application (SBR Latex, Synthetic Latex,
  Chillant Dispersant Agent, Superabsorbent
  Polymer), and Region - Global Forecast to 2022"
• https//www.marketsandmarkets.com/Market-Reports/
  itaconic-acid-market-35695455.html
• Based on derivative, the styrene butadiene
  itaconic acid segment is estimated to account for
  the largest share of the itaconic acid market in
  2017, in terms of value.
• Styrene butadiene itaconic acid is the first
  level derivative, which possesses superior
  characteristics, including improved bond
  tensile strength, reduction in the use of
  expensive coating color additive, good adhesion,
  etc. It is used in the production of SBR latex,
  as itaconic acid exhibits various properties,
  making it one of the preferred products. China
  and Japan are some of the major paper producing
  economies utilizing large volumes of coating
  materials in the paper industry. APAC and Europe
  are the major consumers of the styrene butadiene
  itaconic acid derivative in the latex
  application.

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The superabsorbent polymers application segment
of the itaconic acid market is projected to grow
at the highest CAGR from 2017 to 2022. SBR latex,
synthetic latex, chillant dispersant agent, and
superabsorbent polymers are the major consumers
of itaconic acid across the globe. The
superabsorbent polymers application segment of
the itaconic acid market is projected to grow at
the highest CAGR between 2017 and 2022. With the
increase in the standard of living, the demand
for better quality products is expected to
increase substantially. The rise in the demand
for cosmetics and skincare, personal care, and
hygiene products is anticipated to drive the
demand for itaconic acid in the superabsorbent
polymers application between 2017 and 2022. The
Asia Pacific itaconic acid market is projected to
grow at the highest CAGR during the forecast
period. The Asia Pacific itaconic acid market is
projected to grow at the highest CAGR from 2017
to 2022. The growth of the Asia Pacific itaconic
acid market can be attributed to the increased
use of itaconic acid in various applications, as
it offers improved bond tensile strength, good
adhesion, reduction in the use of expensive
coating color additives, etc. Due to the
increasing FDI in various industries in the Asia
Pacific region, the demand for itaconic acid from
the region is expected to rise during the
forecast period.
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Itaconix Corporation (UK), Qingdao Langyatai
(China), Zhejiang Guoguang (China), Alpha Chemika
(India), Shandong Kaison (China), Jinan Huaming
(China), Iwata Chemical (Japan), Aekyung
Petrochemical (South Korea), Ronas Chemical
(China), and Chengdu Jinkai (China), among
others, are some of the leading players operating
in the itaconic acid market. These companies have
adopted various organic and inorganic growth
strategies, such as agreements, acquisitions,
expansions, and joint ventures to increase their
global presence and enhance their position in the
itaconic acid market. For more information,
speak with analyst at https//www.marketsandmarket
s.com/speaktoanalyst.asp?id35695455
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• Objectives of the Study
• To define, describe, and forecast the size of the
  itaconic acid market in terms of value
• To define, describe, and forecast the itaconic
  acid market based on derivative and application
• To analyze and forecast the size of the itaconic
  acid market in North America, Europe, Asia
  Pacific, Latin America, and the Middle East
  Africa (MEA), along with their respective key
  countries
• To provide detailed information regarding major
  factors, such as drivers, restraints,
  opportunities, and industry-specific challenges
  influencing the growth of the itaconic acid
  market
• To strategically profile and analyze key market
  players and their core competencies
• To analyze recent developments such as
  agreements, acquisitions, and expansions in the
  itaconic acid market

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